Wednesday, April 24

Tag: non-banking financial companies

Creditas Solutions Raises Pre-Series A Funding
FUNDING

Creditas Solutions Raises Pre-Series A Funding

Creditas Solutions, a FinTech startup received an unrevealed amount from Pre-Series A funding round which was run by 1Crowd, an equity crowd-funding platform. The funds from the investment will be used to expand the company’s team, data science abilities and to invest in technology. The technology is focused on banks a single platform to manage the entire delinquency cycle. "This new round of funding not only gives us the capital to scale exponentially but also validates the faith the Banking sector is reposing in our Solutions," said Creditas co-founder Anshuman Panwar. Creditas is an organization set up to help banks and non-banking financial companies (NBFCs) in enhancing customer acquisition, cross-sell, delinquency detection, financial literacy and debt recovery. They validat...